The Association of Payment Clearing Services (APACS) is introducing the new measures, specific to the laser printing of the Bank Giro Credit (BGC) amount box, which will come into effect on 1 January 2003.
APACS company manager Fred Galbraith said: "Banks now use image technology to read the amount, but current design isnt friendly to the process. Most printers have already adopted the new layout, which will cut delays."
He added that around 400 credit slip printers and more than 70 cheque printers would be affected.
A BGC Certification Scheme will also be launched next January, to ensure that APACS standards are consistently met.
Have your say in the Printweek Poll
Related stories
Latest comments
"Congratulations to all! But I think Aidan and Steven need a few more first names between them……."
"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
